# Hanwha Power Systems and PSM integrate as Hanwha Power

Hanwha Impact's subsidiaries Hanwha Power Systems and PSM (Power Systems Mfg., LLC) announced the integration of their brands and a name change to Hanwha Power, creating a unified compressor and gas turbine business.

- Type: Acquisition
- Announced: 2026-03-25
- Status: announced
- Products: compressors, gas turbines, power generation solutions
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hanwha Power Systems](https://endata.com/companies/13452.md)
- [Power Systems Mfg.](https://endata.com/companies/53951.md)
- [PSM](https://endata.com/companies/32246.md) (target)
- [Power Systems Mfg.](https://endata.com/companies/53951.md) (target)
- [Power Systems Manufacturing](https://endata.com/companies/56456.md) (target)
- [Hanwha Impact](https://endata.com/companies/59349.md) (investor)
- [Hanwha Impact](https://endata.com/companies/59349.md) (partner)

## Sources

- [hanwha.com](https://www.hanwha.com/newsroom/news/press-releases/hanwha-power-systems-and-psm-unite-as-hanwha-power-a-global-compressor-and-gas-turbine-business.do), 2026-03-25: "The creation of Hanwha Power brings together two of the industry's strongest providers of engineered solutions for the gas turbine power plant market."
- [psm.com](https://www.psm.com/news-press-release-archive/psm-power-systems-mfg-llc-is-now-part-of-hanwha-power), 2026-03-25: "The combined company will accelerate its expansion into global energy markets, including power plants and data centers."
- [turbomachinerynews.com](https://www.turbomachinerynews.com/2026/03/hanwha-power-systems-and-psm-unite-to-form-global-powerhouse-hanwha-power/), 2026-03-26: "The move solidifies Hanwha’s position as a unified global energy player, combining complementary strengths in gas turbine technology, aftermarket service, and advanced sustainability solutions."
- [modernpowersystems.com](https://www.modernpowersystems.com/news/hanwha-and-psm-combine-as-hanwha-power/), 2026-04-07: "Hanwha Impact’s subsidiaries, Hanwha Power Systems and PSM (a US-based gas turbine service company) are to integrate their brands and change the company name to Hanwha Power."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.